https://www.taxtmi.com/caselaws?id=4125 The High Court ruled in favor of the assessee, upholding the deductibility of commission and subsidy paid to cane growers under section 37(1) of the Income-tax Act for the assessment years 1985-86 and 1986-87. The Court found that the amounts paid were genuine expenses forming part of the cane price and therefore eligible for deduction. The decision was against the Revenue, with no costs awarded in the case. en-us Tue, 15 May 2007 00:00:00 +0530 Sat, 26 Jul 2008 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4125 The High Court ruled in favor of the assessee, upholding the deductibility of commission and subsidy paid to cane growers under section 37(1) of the Income-tax Act for the assessment years 1985-86 and 1986-87. The Court found that the amounts paid were genuine expenses forming part of the cane price and therefore eligible for deduction. The decision was against the Revenue, with no costs awarded in the case. Case-Laws Income Tax Tue, 15 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4125